Luke J. Petherbridge Of Link Logistics Real Estate Acquires 87,658 Square Feet Industrial Asset In Gastonia

The property asset involved in this transaction is an industrial facility located at 1500 Delta Drive in Gastonia, NC. The facility encompasses a total area of 87,658 square feet. Link Logistics Real Estate has acquired this asset from Trinity Capital Advisors, contributing to Link's expansion in the Charlotte-area industrial market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Address: 1500 Delta Drive
• Market: Gastonia, NC
• Square Footage: 87,658
• Buyer: Luke J. Petherbridge - Link Logistics Real Estate
• Seller: Walker Collier - Trinity Capital Advisors
• Broker: Trey Barry - CBRE

This transaction was brokered by Trey Barry of CBRE, who represented Trinity Capital Advisors in the sale. Link Logistics, a subsidiary of Blackstone, did not engage a broker for this acquisition, which significantly increases their industrial footprint in the region to nearly 10 million square feet, further solidifying their presence in the Charlotte area.